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v0.1
PRGS$35.32+7.58%
Fair $35.32+0.0%

PRGS

Progress Software Corporation

Technology / Software - InfrastructureNasdaqGS

$35.32

+2.49 (+7.58%)

Fairly Valued+0.0%Fair Value $35.32Fund rank 33/100 · Data gapFallback financials|
SA 47/C
F-Score: 7/9
High Debt

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $206.3M · quality 60.7/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 93/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

47/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 18Warnings: 1unknown: 18
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Debt-to-Equity ratio is 2.99, above the 2.0 threshold
Thesis & Journal · PRGSLocal privado en este navegador · Progress Software Corporation
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.5B

P/E

18.1x

↓

EV/EBITDA

9.5x

↓

ROE

15.3%

↑

Gross Margin

80.8%

↑

Debt/Equity

2.99

↑
52-Week Range$35
$24$66

TradingView lightweight chart

PRGS price, volumen y niveles de valoración

Último $35.32Periodo +94.9%
Fair value: $35.32

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2008–2025 · 17 años de histórico normalizado

Revenue CAGR

+3.8%

FCF CAGR

+6.5%

FCF margin

23.5%

FCF / Net income

3.14x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $977.8M · net income $73.1M · FCF $229.5M

2008-FY → 2025-FY

Gross margin

80.8%-1.4% pts

Operating margin

17.8%+5.4% pts

Net margin

7.5%-1.5% pts

FCF margin

23.5%+8.2% pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Income Statement
Revenue$977.8M$977.8M$753.4M$694.4M$602.0M$531.3M$442.1M$413.3M$379.0M$389.2M$405.3M$377.6M$332.5M$334.0M$317.6M$333.6M$351.6M$494.1M$515.6M
Net Income$73.1M$73.1M$68.4M$70.2M$95.1M$78.4M$79.7M$26.4M$49.7M$29.0M$-55.7M$-8.8M$49.5M$74.9M$47.4M$59.6M$48.1M$32.8M$46.3M
EBITDA$304.2M$304.2M$229.3M$213.6M$207.8M$121.6M$113.8M$47.7M$74.7M$65.0M$-21.2M$24.2M$90.5M$74.0M$77.1M$117.5M———
EPS1.661.661.541.572.151.761.760.581.080.60-1.13-0.170.961.350.740.880.730.530.72
Gross Margin80.8%80.8%82.7%81.8%84.3%85.2%86.0%81.8%82.3%82.2%83.8%83.1%89.7%89.5%88.6%89.0%88.3%81.1%82.2%
Operating Margin17.8%17.8%20.9%18.7%21.2%21.9%24.4%9.7%17.9%14.8%-7.3%3.9%24.3%19.1%21.3%32.6%26.0%10.3%12.5%
Net Margin7.5%7.5%9.1%10.1%15.8%14.8%18.0%6.4%13.1%7.5%-13.7%-2.3%14.9%22.4%14.9%17.9%13.7%6.6%9.0%
Balance Sheet
Debt/Equity2.992.993.561.631.611.301.050.860.340.290.270.260.00———0.000.00—
Current Ratio0.470.47—————————————————
Cash Flow
Free Cash Flow$229.5M$229.5M$206.3M$168.3M$186.1M$173.9M$138.3M$124.5M$114.1M$102.3M$97.1M$97.4M$99.7M$354000.00$96.4M$109.2M$86.5M$55.4M$79.0M
Returns
ROE15.3%15.3%15.6%15.3%23.9%19.0%23.0%8.0%15.3%7.2%-12.6%-1.7%9.1%14.6%7.4%9.5%7.0%5.9%9.6%
Valuation
P/E18.1118.1144.7734.0424.05——————————————
EV/EBITDA9.509.5019.6514.0812.86——————————————
P/B3.253.256.985.195.74——————————————
Growth & Yield
Revenue Growth29.8%29.8%8.5%15.4%—20.2%7.0%9.1%-2.6%-4.0%7.4%13.5%-0.4%5.2%-4.8%-5.1%-28.8%-4.2%—
EPS Growth7.8%7.8%-1.9%-27.0%—0.0%203.4%-46.3%80.0%153.1%-564.7%-117.7%-28.9%82.4%-15.9%20.5%37.7%-26.4%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

23.6%

exigente

EPS terminal req.

$3.13

Spread vs growth

-15.8%

5Y implied EPS CAGR

18.0%

exigente

EPS terminal req.

$3.79

Spread vs growth

-10.2%

10Y implied EPS CAGR

13.9%

razonable

EPS terminal req.

$6.11

Spread vs growth

-6.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -42.6%

Total return

-42.6%

Start / end P/E

40.0x → 21.3x

EPS bridge

1.54 → 1.66

Residual

-3.6%

EPS growth+7.8%
Multiple rerating-46.8%
Dividend+0.0%
Residual / FX / buybacks / cross-term-3.6%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.